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Value produced by Google? How about value drained by Google, esp. privacy and advertising. About the only value produced by Google being Google Docs and Androi
by AstralStorm 6y ago
Value produced by Google? How about value drained by Google, esp. privacy and advertising.
About the only value produced by Google being Google Docs and Android. Well, and the rare FLOSS improvements related to these.
Facebook? Similar. Taking over culture is not value. We had better services at around time it was created, but the huge money combined with network effects did the number on them.
Netflix, well. Let's say we had VoD services before them, some even better. Their major cultural win is making exclusive series with the huge money they got invested.
Amazon has one improvement in their sales systems with the remote warehouses. Plus AWS.
Apple at least designs phones.
All of the companies benefited hugely from big cash investment, somehow EU companies don't get these. It's not a matter of culture either, there's plenty enough startups around. But US money is always more and bigger.